Temporary Stamp Duty Holiday

On 8 July 2020, during a mini budget to kick-start the economy in the wake of Covid-19, the Chancellor of the Exchequer Rishi Sunak announced there would be a temporary stamp duty holiday on the first £500,000 of property sales in England and Northern Ireland, effective immediately. Until 31 March Read the full article…

Posted in Financial News |

Market update – June 2020

Markets have bounced back much faster than anticipated from the dramatic falls at the start of the Coronavirus crisis. In the US, the tech-dominated NASDAQ Index hit a record high on 23 June, while the more evenly weighted S&P500 Index managed to return to December 2019 levels. The rapid recovery Read the full article…

Posted in Financial News |

The MPAA

The MPAA (Money Purchase Annual Allowance) was introduced in April 2015 alongside the new pension freedom rules. It was designed to discourage individuals from taking money out of a pension to then re-invest in another pension, building up a further tax-free lump sum. The MPAA limits the amount of money Read the full article…

Posted in Financial News |

Reviewing your insurance policies

Most people are on top of reviewing their annual insurance policies, such as car and home insurance. But it seems to be more difficult to review the protection we have in place to protect our income, our health and our loved ones. It is particularly important to review the protection Read the full article…

Posted in Financial News |

Covid-19 Scams

Scammers are seeking to exploit the current Covid-19 situation and financial scams are becoming increasingly sophisticated. With many people isolated from family and loved ones, it is more important than ever that we are all aware of these scams and how to spot them. Some of the new scams include: Read the full article…

Posted in Financial News |